The combined market valuation of five of the top 10 most valued firms declined by Rs 62,586.88 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit, amid an overall bearish trends in equities. Last week, the BSE benchmark fell 180.74 points or 0.27 per cent, and the Nifty […]
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EMS IPO opens for subscription, GMP up 56%; should you subscribe to the issue?EMS IPO opens for subscription, GMP up 56%; should you subscribe to the issue?
EMS IPO: EMS IPO opens for public subscription on Friday, 8 September, and will close on Tuesday, 12 September. The bidding for anchor investors concluded on Thursday, wherein the company collected Rs 95.37 crore. The price band for its public issue at Rs 200-211 per equity share of face value Rs 10 each. At the […]
Rupee rises 38 paise to 82.75 against US dollar in early tradeRupee rises 38 paise to 82.75 against US dollar in early trade
The rupee appreciated by 38 paise to 82.75 against the US dollar in early trade on Friday, as the inclusion of India in the JPMorgan bond index boosted investor sentiment. Forex traders said the decision of JPMorgan Chase & Co to include Indian government bonds in its benchmark emerging-market index, is expected to have far-reaching […]
Explained: New rules for foreign portfolio investors – SEBI’s move to slice through corporate layersExplained: New rules for foreign portfolio investors – SEBI’s move to slice through corporate layers
By Rashi Dhir and Trisha Shreyashi The Securities & Exchange Board of India (SEBI) recently issued a circular amending the Foreign Portfolio Investors (FPI) Rules, in terms of additional granular disclosures to lift the veil off the Ultimate Beneficial Owners (UBO). The entities have only 90 days to comply with the mandates, which will be […]
Eid al-Adha 2023: Here’s a glimpse of the preparations for Bakrid from around the world – PhotosEid al-Adha 2023: Here’s a glimpse of the preparations for Bakrid from around the world – Photos
1/8 Muslim community across the world is gearing up Eid al-Adha festival, commonly known as Bakrid (Feast of the Sacrifice). It will be observed between 28 June and 29 June. This is the second and the largest of the two main holidays celebrated in Islam (the other being Eid al-Fitr).The festival honours the willingness of […]
InsuranceDekho raises USD 60 million in Series B funding round at USD 700-750 million valuationInsuranceDekho raises USD 60 million in Series B funding round at USD 700-750 million valuation
Insurtech player InsuranceDekho has raised USD 60 million in its ongoing Series B funding round at around USD 700-750 million valuation. Japanese lender Mitsubishi UFJ Financial Group (MUFG), French insurer BNP Paribas Cardif, through its insurtech fund managed by European investment major Eurazeo, India– focused Beams Fintech Fund and Yogesh Mahansaria Family Office have participated […]
Revolutionising Indian politics: The tech-driven future of political campaignsRevolutionising Indian politics: The tech-driven future of political campaigns
By – Abhimanyu BhartiIn a country as diverse and dynamic as India, political campaigns have always been a vibrant mix of strategies, ideologies, and outreach efforts. However, the landscape of Indian politics is undergoing a seismic shift, embracing a digital revolution that is reshaping the very essence of campaigning. Technological innovations are emerging as pivotal […]
Petrol and Diesel Rate Today, 4 September: Some cities see revision; Check rates in Delhi, Mumbai, other citiesPetrol and Diesel Rate Today, 4 September: Some cities see revision; Check rates in Delhi, Mumbai, other cities
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Petrol and diesel prices were largely constant on Monday, 4 September August across New Delhi, Kolkata, Mumbai, and Chennai. Petrol rates and diesel rates have been steady over the last few months. However, individual cities see fluctuations in their prices every day. The prices of […]
Dalit woman raped, hanged by cop in UP’s AgraDalit woman raped, hanged by cop in UP’s Agra
A 25-year-old Dalit woman was allegedly raped and strangled by a Uttar Pradesh Police Constable posted in Agra. Her body was found hanging from the ceiling of the policeman’s rented room on December 29. According to the police, the woman had visited the constable’s rented room in Agra a day before the incident, PTI reported. […]
Institutional investments in Indian real estate remains steady with 10% YoY rise in 2023, foreign investments retain dominanceInstitutional investments in Indian real estate remains steady with 10% YoY rise in 2023, foreign investments retain dominance
Institutional investments in the Indian real estate sector maintained a steady momentum at $5.4 billion, up 10 per cent YoY during 2023, said a report by Colliers India. The year witnessed the highest levels of investment inflows since 2020 showcasing India’s resilience despite uncertainties in global markets otherwise. While foreign investments, it added, retained their […]